BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World’s richest entrepreneur is:
A
Bill Gates-Microsoft
B
Gina Rhinehardt-Rio Tinto
C
Jeff Bezos-Amazon
D
Queen Elizabeth II
Explanation: 

Detailed explanation-1: -Jeff Bezos is an American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, an online retailer. In 2020 he had a net worth of more than $180 billion.

Detailed explanation-2: -With 64, 588, 418 shares, Jeff Bezos is the major individual investor. Owning 12.7% of the company. Other top individual investors comprise Amazon’s CEO Andy Jessy, with 94, 729 shares. Top institutional investors include mutual funds like The Vanguard Group (6.6% ownership) and BlackRock (5.7% ownership).

Detailed explanation-3: -Elon Musk’s electric car company Tesla is now valued at nearly $800 billion, currently, his net worth is $174 billion. Musk’s rocket company, SpaceX is now valued at nearly $100 billion. Amazon founder and CEO Jeff Bezos has a net worth of $136 billion and ranks as the third richest person on the earth.

Detailed explanation-4: -Bezos presently owns just less than 10% of outstanding Amazon shares, according to Forbes. When he and his wife divorced, she received one-fourth of his then-16% stake in Amazon. Forbes reported in November that to that point in 2022, he had donated more than $400 million of stock to nonprofit organizations.

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